Looking for a perfect Investment? Come and check out this great property right at the edge of development with a paved rd on the back side. Development happening all around on Alif and Kim. It is just a matter of time before utilities show up and this property goes up in price exponentially.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Legacy
Office Phone: (505) 892-1000
Listing Agent: Stephen C Herkenhoff
Lot Features
Lot Information:
Lot: Cleared, Views, Gentle Sloping
Lot Size: 0.23 Acres
Other
Directions Information:
Directions: From Idalia and Kim Rd. Go North one block on Idalia to Alif Rd. NE Turn East and go one block to Teak Rd. and turn Right. Property is the second lot on the West side of the street and backs to Idalia Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $20,000
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Housing Market Comparison
See how this home compares to others in Rio Rancho, NM.
This property is $338.8K less than the Median Sold Price in Rio Rancho, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1022984
Listing Office:
Office Name: Coldwell Banker Legacy
Office Phone: (505) 892-1000
Listing Agent: Stephen C Herkenhoff
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Enchanted Hills Elementary School
5400 Obregon Rd NE
Distance between this listing and this school1.45 miles
Public District Grades KG-5
6
/10
Ernest Stapleton Elementary School
3100 Stapleton Ave NE
Distance between this listing and this school2.03 miles
Public District Grades KG-5
6
/10
Rio Rancho Elementary School
4601 Pepe Ortiz Rd SE
Distance between this listing and this school2.84 miles
Public District Grades KG-5
Nearby Schools
9
/10
Rio Rancho Middle School
1600 Loma Colorado Blvd NE
Distance between this listing and this school0.73 miles
Public District Grades 6-8
6
/10
Eagle Ridge Middle School
800 Fruta Rd NE
Distance between this listing and this school2.30 miles
Public District Grades 6-8
6
/10
Lincoln Middle School
2287 Lema Rd SE
Distance between this listing and this school3.18 miles
Public District Grades 6-8
Nearby Schools
7
/10
Cleveland High School
4800 Cleveland Heights Rd NE
Distance between this listing and this school1.61 miles
Public District Grades 9-12
2
/10
Independence High School
421 Quantum Rd NE
Distance between this listing and this school1.85 miles
Public District Grades 9-12
8
/10
Rio Rancho High School
301 Loma Colorado Blvd NE
Distance between this listing and this school2.14 miles
The neighbors living near this home have an average income of $83,750. Residents of Rio Rancho, NM typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2249 Teak Rd NE
What is the listing price of this property?
The listing price of 2249 Teak Rd NE property is $20,000.
What type of property is this?
The property 2249 Teak Rd NE is land located in Rio Rancho, New Mexico, 87144.
Is this property for sale now?
Active Listing: 2249 Teak Rd NE is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2249 Teak Rd NE in Rio Rancho, NM and zip code 87144 in the Chamiza Estates neighborhood. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since October 10, 2022 and is currently priced at $20,000.
While more than 23 listings in Rio Rancho, NM in October 2024 were sold above asking price, there were more than 43 listings sold at asking price, and more than 53 were sold below. The number of homes for sale in Rio Rancho, NM decreased by 9% between September 2024 and October 2024. In October 2024 median list price was $358,871 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
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